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Why do you think your
paper is highly cited?
This paper was the first to develop an evolutionary
growth theory that captures the dynamic interaction between
the process of economic development and human evolution,
thus paving the way for the study of this important
interaction.
The theory advances an innovative hypothesis which
suggests that the struggle for survival that had
characterized most of human existence generated an
evolutionary advantage to those human traits that were
complementary to the growth process, thus triggering the
takeoff from an epoch of stagnation to one of sustained
economic growth.
Does it describe a new discovery, methodology, or
synthesis of knowledge?
|
 “...this
research generates new
hypotheses about the origin of
modern economic growth. In
particular, the research
advances the hypothesis that
there are biological origins for
the Industrial Revolution.” |
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As stated above, this research generates new hypotheses
about the origin of modern economic growth. In particular,
the research advances the hypothesis that there are
biological origins for the Industrial Revolution.
Additionally, this research promotes a new analytical
methodology—a hybrid between Darwinian methodology and that
of unified growth theory—that permits exploration of the
dynamic reciprocal interaction between the evolution of the
distribution of genetic traits and the process of economic
development.
Could you summarize the significance of your paper in
layman’s terms?
This research develops an evolutionary growth theory
about the interplay between the evolution of mankind and
economic growth since the emergence of the human species.
For the major part of human existence mankind was engaged in
a persistent struggle for existence. Diminishing returns to
labor, along with a positive effect of the standard of
living on population growth, held income per capita near
subsistence level. Improvements to the technological
environment or in the availability of land led to larger but
not wealthier populations.
This pressure to adapt to changing environments,
conceivably affected the composition of the population as
well. Over time, the lineages of individuals whose
characteristics were complementary to the changing
technological environment gained an evolutionary advantage.
They generated higher income, devoted more resources to
child rearing, and their fraction within the population
gradually rose.
The Agricultural Revolution and the establishment of
individual, rather than tribal, property rights expedited
the selection process and gradually increased the
representation of individuals whose characteristics were
complementary to the growth process, thus triggering
positive feedback between technological progress and
education and ultimately bringing about the Industrial
Revolution and a period of sustained economic growth.
How did you become involved in this research, and were
there any obstacles along the way?
In the past decade I have been engaged in the advancement
of unified growth theory. The discrepancy between the
predictions of growth models and the process of development
over most of human history stimulated me to advance an
alternative theory that would capture, in a single unified
framework, the contemporary era of sustained economic
growth, the epoch of Malthusian stagnation that had
characterized most of the process of development, and the
fundamental forces driving the recent transition between
these distinct regimes.
The advancement of unified growth theory was fueled by
the conviction that the understanding of the contemporary
growth process would be limited and distorted unless it
would be based on micro-foundations that would reflect the
qualitative aspects of the entire growth process. In
particular, the hurdles faced by less developed economies in
reaching a state of sustained economic growth would remain
obscured unless the origins of the transition of the
currently developed economies into a state of sustained
economic growth would be identified, and their implications
would be modified in order to account for the additional
economic forces faced by less developed economies in an
interdependent world.
Unified growth theory suggests that the transition from
stagnation to growth is an inevitable outcome of the process
of development. The inherent Malthusian interaction between
the level of technology and the size and the composition of
the population accelerated the pace of technological
progress, and ultimately raised the importance of human
capital in the production process.
The rise in the demand for human capital in the second
phase of industrialization, and its impact on the formation
of human capital as well as on the onset of the demographic
transition, brought about significant technological
advancements along with a reduction in fertility rates and
population growth, enabling economies to convert a larger
share of the fruits of factor accumulation and technological
progress into growth of income per capita, paving the way
for the emergence of sustained economic growth.
The underlying assumption in my "unified growth theory"
was that the composition of human traits remains stationary
over time. However, it has became apparent to Omer Moav and
myself that, since for the major part of human existence
mankind was subjected to a persistent struggle for
existence, survival and reproductive success could not have
been random, and thus environmental pressure must have
affected the composition of human traits.
This research was hailed by some for its creative
hypothesis and the incorporation of Darwinian Methodology
into the field of economic growth. Consequently it was
published as the lead article in the prestigious
Quarterly Journal of Economics. Nevertheless, it was met
with opposition by some who have argued that the time period
between the Neolithic Revolution and the Industrial
Revolution (i.e., 10,000 years) is insufficient for
significant evolutionary changes to have taken place.
However, recent evidence of rapid evolutionary processes in
the human population since the Neolithic Revolution further
eroded the ground beneath these objections.
Are there any social or political implications for your
research?
The exploration of the reciprocal interaction between the
process of economic development and human evolution is
likely to revolutionize our understanding of both processes.
In particular, understating the effect of the differential
timing of the Neolithic Revolution on the evolution of life
expectancy would generate important policy implications
within the context of the vulnerability to both infectious
and non-infectious diseases across countries and ethnic
groups.
Oded Galor
Professor of Economics
Research Associate of the Population and Training Center
Brown University
Providence, RI, USA |